Air transport has been growing steadily over the past decades, but sustainability is a growing challenge for the industry. The fossil fuel consumption and carbon emissions of conventional aircraft cause significant environmental impacts, while global demand for air travel continues to grow.
22
Nov
Nov
EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, has announced a new Share Repurchase Program. Under this program, EHang may repurchase up to US$30 million of its American Depositary Shares (“ADSs”) or ordinary shares over the next 12 months.
14
Oct
Oct
The aviation industry is under increasing pressure to reduce its carbon footprint and move toward sustainable solutions. Researchers in the U.S. have made a significant breakthrough by using brewery wastewater to create sustainable aviation fuels (SAF), a promising development that could help decarbonize the aviation sector and contribute to global efforts to combat climate change.
16
Aug
Aug
Elysian, a newcomer in the aerospace sector, is pushing the boundaries of what’s possible with battery-powered aircraft, aiming to transform regional air transport within the next decade.
15
Jul
Jul
The board of directors of Universal Hydrogen has decided to liquidate the company after failing to secure additional funding and unsuccessful attempts to sell the business.
01
Jul
Jul
In a significant step towards greener aviation, China’s domestically developed aircraft have successfully completed their first test flights using sustainable aviation fuel (SAF). This achievement marks a crucial milestone in the country’s efforts to reduce carbon emissions in the aviation sector and showcases China’s growing capabilities in aerospace technology.